12.05.2024

Deutsche Börse Nominates Clara-Christina Streit as Chair

12.05.2024
Deutsche Börse Nominates Clara-Christina Streit as Chair

Martin Jetter to resign after the Annual General Meeting 2025, as announced

The Supervisory Board of Deutsche Börse today nominated its current member, Clara-Christina Streit (55), as the successor to outgoing Chairman, Martin Jetter (65). A specially appointed ‘Chairman Selection Committee’ headed by Supervisory Board member Charles Stonehill had previously made this recommendation.

Clara-Christina Streit is to be elected at an extraordinary Supervisory Board meeting to be convened immediately after the next Annual General Meeting in May 2025 and as previously announced, Martin Jetter will leave the Board at the end of this Annual General Meeting.

Martin Jetter said: “I am very pleased that the Supervisory Board has decided on a suitable successor so quickly. Clara-Christina Streit is an expert in corporate governance, has international experience and has known Deutsche Börse for a long time. The company has developed excellently in recent years and is strategically well positioned to continue this path.”

Clara-Christina Streit has been a member of the Supervisory Board of Deutsche Börse AG since 2019. She is also Chairwoman of the Government Commission German Corporate Governance Code and Chairwoman of the Supervisory Board of Vonovia SE. Her current mandate as a member of the Board of Directors of the listed Portuguese company Jerónimo Martins SGPS S.A. expires before the Annual General Meeting of Deutsche Börse AG, and she will not stand for re-election.

Supervisory Board of Deutsche Börse AG appoints new Executive Board members

At its meeting, the Supervisory Board of Deutsche Börse AG appointed Christian Kromann (52) and Jens Schulte (53) as new Executive Board members.

From 1 January 2025, Christian Kromann will become Executive Board member for Investment Management Solutions. The division comprises the software solutions, ESG data and research and the index business of the Group with SimCorp and ISS STOXX. Stephan Leithner, who will become the sole CEO of Deutsche Börse AG at the beginning of next year, is currently responsible for this division.

Christian Kromann will resign from his current position as CEO of the Deutsche Börse subsidiary, SimCorp, at the end of the year. He has worked for SimCorp since 2019 and brings extensive experience from his 30-year career in the financial sector, predominantly in the software and data space.

Jens Schulte will succeed Gregor Pottmeyer (62) as Chief Financial Officer (CFO) of Deutsche Börse AG. He is currently CFO of thyssenkrupp AG and prior to that was CFO at Schott AG. Gregor Pottmeyer, whose mandate expires end of September 2025 has held this position at Deutsche Börse since October 2009.

Martin Jetter, Chairman of the Supervisory Board of Deutsche Börse AG, said: “With today’s appointments, the Supervisory Board has made forward-looking decisions for Deutsche Börse AG. Christian Kromann is an international leader that’s been pivotal in the growth of SimCorp as software-as-a-service champion. Jens Schulte is a proven financial and capital markets expert with extensive experience as CFO of leading international companies.”

Martin Jetter continued: “Already today, I would like to express my deep gratitude to Gregor Pottmeyer, who has played a key role in the growth of Deutsche Börse AG over the past 15 years. The company owes him a great deal.”

Stephan Leithner, Co-CEO of Deutsche Börse AG, said: “I am delighted that the Supervisory Board has appointed Christian Kromann and Jens Schulte to the Executive Board. Both will be excellent additions to the leadership team and as extremely experienced professionals they will take Deutsche Börse forward beyond their individual areas of responsibility. Together, driven by our innovative strength and our responsibility to markets and customers, we will continue to implement our Horizon 2026 strategy for sustainable growth.”

Source: Deutsche Börse

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